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Vision Alternative Income Fund Class A

Alternative Multi-Stratgy

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

NAVPS
(07-23-2024)
$10.68
Change
$0.01 (0.08%)

As at June 30, 2024

Period
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Legend

Vision Alternative Income Fund Class A

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Fund Returns

Inception Return (February 06, 2019): 4.62%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund 1.10% 0.54% 0.26% 0.26% 5.45% 7.08% 2.61% 5.30% 4.50% - - - - -
Benchmark -1.42% -0.53% 6.05% 6.05% 12.13% 11.27% 5.98% 12.35% 9.28% 8.36% 8.65% 8.95% 7.89% 6.95%
Category Average -0.08% 3.64% 3.64% 3.64% 7.12% 4.37% 1.46% 3.92% 3.01% - - - - -
Category Rank 14 / 103 59 / 102 86 / 98 86 / 98 64 / 95 28 / 74 30 / 60 28 / 50 20 / 42 - - - - -
Quartile Ranking 1 3 4 4 3 2 2 3 2 - - - - -

Monthly Return

Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund -0.31% 0.09% -0.41% -1.86% 3.50% 4.21% 0.27% -1.16% 0.62% -3.32% 2.86% 1.10%
Benchmark 2.58% -1.37% -3.33% -3.21% 7.48% 3.91% 0.55% 1.82% 4.14% -1.82% 2.77% -1.42%

Best Monthly Return Since Inception

5.17% (November 2022)

Worst Monthly Return Since Inception

-11.46% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - 2.14% 18.94% -13.19% 11.76%
Benchmark 10.55% -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75%
Category Average - - - - - - 4.04% 6.86% -5.49% 4.47%
Quartile Ranking - - - - - - 3 1 4 1
Category Rank - - - - - - 33/ 44 6/ 55 67/ 68 5/ 88

Best Calendar Return (Last 10 years)

18.94% (2021)

Worst Calendar Return (Last 10 years)

-13.19% (2022)

Asset Allocation

Sector Allocation

Geographic Allocation

Top Holdings

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Vision Alternative Income Fund Class A

Median

Other - Alternative Multi-Stratgy

3 Yr Annualized

Standard Deviation 9.56% 10.09% -
Beta 0.52% 0.49% -
Alpha 0.00% 0.00% -
Rsquared 0.52% 0.56% -
Sharpe 0.00% 0.28% -
Sortino 0.00% 0.25% -
Treynor 0.00% 0.06% -
Tax Efficiency 92.65% - -
Volatility Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 4 on a scale of 1 to 10 -

Risk Rating

Rating 4 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 7.63% 9.56% 10.09% -
Beta 0.46% 0.52% 0.49% -
Alpha 0.00% 0.00% 0.00% -
Rsquared 0.49% 0.52% 0.56% -
Sharpe 0.10% 0.00% 0.28% -
Sortino 0.58% 0.00% 0.25% -
Treynor 0.02% 0.00% 0.06% -
Tax Efficiency 100.00% 92.65% - -

Fund Details

Start Date February 06, 2019
Instrument Type Mutual Fund (Alternative)
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $215

Fund Codes

FundServ Code Load Code Sales Status
VCC901

Investment Objectives

The investment objective of the Fund is to provide consistent long-term capital appreciation and an attractive risk-adjusted rate of return with low downside volatility and drawdowns. The Fund will attempt to meet its objectives by using alternative investment strategies, including primarily equity long/short and equity market neutral strategies, cash borrowing, and utilizing derivatives to invest and trade primarily in real estate-focused securities.

Investment Strategy

To achieve the Fund’s investment objective, the Manager will seek to invest long and short in a diversified portfolio of North American equity and credit securities of issuers of varying sizes or market capitalization. The Fund may invest up to 100% or more of its net assets in United States securities and may invest up to 33.3% of its net assets in non-North American securities.

Portfolio Manager(s)

Name Start Date
Vision Capital Corporation 02-06-2019

Management and Organization

Fund Manager Vision Capital Corporation
Advisor Vision Capital Corporation
Custodian Bank of Nova Scotia
Registrar SGGG Fund Services Inc.
Distributor -
Auditor PriceWaterhouseCoopers LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed No
PAC Initial Investment -
PAC Subsequent -
SWP Allowed No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 2.45%
Management Fee 2.00%
Load Back Fee Only
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 0.50%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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